Skip to main content
Go to the home page of the European Commission (opens in new window)
English English
CORDIS - EU research results
CORDIS

Mechanism Design under Incomplete Information

Objective

The purpose of this project is to study mechanism design under incomplete information with an emphasis on the design of voting procedures. Mechanism design is the commonly used term for the design of games with a certain objective. For instance, an auctioneer may wish to design an auction with the purpose of maximizing his own revenue. The usual assumption is that the mechanism designer does not know the preferences of the players, but the players do have this information. In this project, the latter assumption is dropped. For instance, in national elections voters have a tendency to vote strategically, and in general only have limited information about the preferences of the other voters. In that case, the objective of mechanism designer (designer of the voting system) is to elicit as much as possible the true votes (preferences), knowing that the voters have beliefs but no complete information about the preferences of the other voters. Specifically, the project will concentrate on three issues: how does correlation between the voters’ beliefs effect the result of voting and how should the voting system be designed in order to elicit the true votes under this assumption of correlation; can we improve on the results of the first issue by allowing for probabilistic mechanisms, i.e. involve chance; and, following up on this, if truthful voting is out of reach, can we at least get the truthful voting result as an equilibrium outcome. The project is theoretical in nature but can lead to the design of experiments in particular testing the role of belief formation in voting. Further, the results of the project may lead to the design of improved smaller and larger scale voting procedures.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

You need to log in or register to use this function

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MSCA-IF-EF-ST - Standard EF

See all projects funded under this funding scheme

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MSCA-IF-2014

See all projects funded under this call

Coordinator

UNIVERSITEIT MAASTRICHT
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 165 598,80
Address
MINDERBROEDERSBERG 4
6200 MD Maastricht
Netherlands

See on map

Region
Zuid-Nederland Limburg (NL) Zuid-Limburg
Activity type
Higher or Secondary Education Establishments
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 165 598,80
My booklet 0 0